GOLDILOCKS
"Among the largest Citibank in the U.S. has conducted a simulation in which blockchain was used to tokenize a private equity fund, which could pave the way for greater institutional adoption of blockchain."
This pilot program is still in process. Yet, the soon-to-be adoption of crypto regulation and stablecoin utility use will make this a viable choice in the near future.
ETFs, collateralized assets, and tokenized assets held in a custody wallet are beginning to find their way into the banking system.
The simulations of blockchain transactions have been tested and seen as seamless movements of digital money very similar to the way traditional banking transactions have taken place.
The difference is that tokenized assets are collateralized by precious metals moving our banking system into a real world asset types of transaction based on real values.
© Goldilocks
https://www.chiangraitimes.com/business/citibank-is-exploring-the-idea-of/
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